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Would you help me with a sentence

Following is an excerpt of a news report titled 'Snow pressed China to float yuan':

"We are stepping up our diplomatic efforts as well. Soon I expect to announce the appointment of a high-level emissary in Beijing who can start work in early spring," Snow told the House Financial Services Committee.

A full-scale diplomatic approach was the best path, he said. "It can also help address exchange-rate inflexibilities throughout the Asian region."

I don't understand the sentence in blue, especially the meaning
of 'address' here. I can only see in a dictionary that 'if you address a problem, you start trying to solve it', which seems not fit into the sentence in blue. Could you please explain the sentence or the meaning of 'address' here? Thanks very much.

Indeed, tdol, this kind of 'unfriendly phrases' are big barriers for our ESL learners. But sometimes, we may encounter 'friendly phrases' that seem so similar in both English and Chinese that we may doubt that if they are 'Chinglish', though maybe in fact they aren't. Beside that we share some common things in our way of thinking, I think maybe that is because a lot of modern Chinese words were directly brought from other languages like English in the New Culture Movement happened in 1910s. Oh, maybe some other Chinese don't agree with me on this.

And, tigerszheng, nice to meet you here. I wonder if you put those two sentences into our mother language, what word would you use to 'replace' the word 'address'(you may type it in PinYin).

I believe that 'long timeno see' and 'no can do'are the most common Chinglish expressions. There are also words we have borrowed from Chinese. As society becomes more international, this language exchange will grow enormously.

tdol, I'd like to ask some more questions. I'd never seen the sentence pattern like 'it is of +noun+adjective+noun', which is an 'unfriendly pattern' for Chinese ESL learners. Could you give me another example of this sentence pattern?

Can most native speakers accept expressions like 'long time no see' or 'no can do'? If they can, can we say that they have become 'idiomatic English'?